AXP is holding up after earnings last night and the bullish patterns remain in tact. As discussed with premium members this morning, a break and close above $47.20 could be buyable for a bucket 2 trade. I would even be inclined to turn it into a bucket 3 holding should it hold above 55 on a weekly chart, if and when.
The weekly chart denotes a nice narrowing range pattern, and the daily chart has clear resistance at $47, which if broken on a closing basis would trigger the above-mentioned buy area.
